Ramaphosa defends decision to extend social grant: President Cyril Ramaphosa has defended the extension of the social grant, saying it is not an indication more people need grants now than before as some have suggested.
“Informal traders and SRD grant recipients in Philippi in the Western Cape also told researchers that it had a positive impact on their businesses. According to another recent study by researchers at the University of Cape Town, the SRD grant also increased the probability of recipients searching for jobs and gaining employment,” said Ramaphosa.
“Over 72% of participants in the Pesi said that having gained their first work experience, the programme helped them to gain a foothold in the labour market thereafter,” said Ramaphosa. “We are working on options to provide basic income support for the unemployed, within our fiscal constraints, beyond the expiry of the SRD grant in April next year.
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